Bondgate Green Lane, Ripon, HG4

Circa £165,000

A traditional brick Victorian end of terrace property which is arranged as a ground floor retail unit with garage to the rear. Over the first and second floors is a self contained maisonette with gas fired central heating and sealed unit double glazing. There is current planning approval for the retail unit to be converted into a one bedroom self contained apartment. The whole building is currently rented out to different tenants. The shop unit is rented via a written "gentleman's agreement" since 2011 at a rental of £465/month. The garage has a similar agreement and is rented out at £50/month. The maisonette has been rented out from 9/6/15 on an Assured Shorthold Tenancy, for an original term of 6 months and is now periodic at £550/month. There is a cellar under the floor of the shop. This gives a total annual income of £12,780 when fully let with the current rents.

The property is situated conveniently within walking distance of the city centre and all of its amenities. The location is ideal for its current purpose with numerous tenants looking for town centre locations.

Freehold subject to the existing tenancies. There is also a separate 999 year lease which has been created for the maisonette.

All mains services are connected to the property.

Energy Performance Certificate (EPC) Rating
Flat Grade E.
Office Grade D.

Heptonstalls LLP, 7-15 Gladstone Terrace, Goole, DN14 5AH. Tel: 01430 430209 FAO: Rachael Sawyer.

Please choose one of the following dates and times
and e mail the links below or telephone the office to book your appointment
(Note we do not automatically attend the property if there are no viewings booked)

Wednesday 17th February, 2016 - 1.00 pm
Wednesday 24th February, 2016 - 1.00 pm
Wednesday 2nd March 2016 - 1.00 pm
Tuesday 8th March 2016 - 1.00 pm

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Our next auction is on 6th December 2018

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